March 21, 2019
Cedric Jeanson writes an opinion piece for the March issue of the journal for the Alternative Investment Management Association (AIMA):
"...here are profound changes underway that will transform the space and ultimately have a major impact on the global economy.
At the forefront of these changes are stablecoins, cryptocurrencies which are pegged to the value of stable real-world assets such as the US dollar or Euro. They offer the advantages of cryptocurrencies, such as negligible fees and incredible speeds on global transactions compared to fiat currencies, without the volatility associated with free floating cryptocurrencies such as Bitcoin or Ether. Most importantly however, they are transferable on global decentralised blockchain networks, where transactions are both cryptographically secured and transparent."
Read the whole article:
